LSAT maker expands business to include 'modern law' program - Reuters - 2 minutes read
Signage is seen outside of the Brooklyn Law School in Brooklyn, New York City, U.S., September 14, 2020. REUTERS/Andrew Kelly
(Reuters) - The Law School Admission Council, a non-profit best known for producing the admission test used by law schools, is expanding its business and adding online courses for recent law school graduates and seasoned lawyers.
The council announced this week that it has acquired the non-profit Institute for the Future of Law Practice, which provides online classes focused on modern law practice and problem solving, includingtopics like data analytics, business and finance operations.
The classes are now available on the council’s LawHub site — which was founded as a test prep platform for the Law School Admission Test but will now also serve recent law graduates and practitioners.
Users who complete the 10-hour curriculum and pass a series of exams earn a Modern Law Practice Certification, which LawHub executive director Kevin Colangelo said can help them stand out in the job market.
“The training model for lawyers has not changed in 70 or 80 years, and yet business has changed all around us,” Colangelo said. “What is not taught, generally, is how to read a balance sheet, how to manage a team.”
Colangelo and a council spokesman declined Friday to comment on how much it paid to acquire the institute, which was founded in 2018 by Indiana University law professor Bill Henderson, Northwestern University law professor Daniel Linna, and law firm consultant Bill Mooz.
The institute charged users a flat $400 fee for the Modern Law Practice Certification, though the council is still working out the new pricing through LawHub, Colangelo said. The LSAT, which was taken by 121,000 people during the 2021 application cycle, costs $200 for test-takers. The council charges another $195 for its law school application service.
In addition to online training, the institute places law students in paid internships at law firms, corporate legal departments and legal tech companies. Those internships were put on hold during the COVID-19 pandemic, though Colangelo said he hopes to bring them back in 2022.
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Source: Reuters
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